tomo logo

$349,900

Beds
3
Baths
2.0
sq ft
1,146

2507 N Connecticut Ave, Royal Oak, MI 48073

2507 N Connecticut Ave

Royal Oak, MI 48073

  • Pending
OFFER DEADLINE 6 PM - SUNDAY 11/3***Welcome home to this charming 3-bedroom, and 2-bathroom Bungalow located in the popular Red Run Sub of Royal Oak. This well-appointed house has all the modern updates desired but maintains its classic charm throughout. The kitchen boasts stainless steel appliances, gas range and granite countertops including a gorgeous, windowed eating nook made for hosting family dinners. A luxurious first floor bath with marble floors and custom tile brings a touch of elegance. Hardwood floors adorn the main rooms while newer carpet in the bedrooms and living room make for a cozy living. Hardwood floors exist underneath the carpet if that is your preference. The basement provides a partially finished bonus space including a newly renovated full bathroom completed in 2022. The brick paver patio and professionally landscaped grounds create an incredible outdoor space made for entertaining. Additional updates include a newer furnace, new roof (2022), and new fence (2022). Schedule your appointment before it’s too late! Video cameras on property.

Details

Property type

Single Family Residence

Est. home value

$378,351

Lot size

6,970 sq ft

Price per sq ft

$306

Year built

1947

Annual property taxes

$5,268

Price History

11/12/2024
Realcomp

Realcomp #20240078263

Pending
$349,900
10/16/2024
Realcomp

Realcomp #20240078263

Listed
$349,900
+24.96%
06/25/2018
Realcomp

Realcomp #218044983

Sold
$280,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$78,252
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$243,656
Cash to seller
$78,252

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Main Street Bank

Loan start date

June 2020

Original loan amount

$268,200

Est. remaining balance

$243,656

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Gory J Barberio and Sarah Barberio

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 11/14/2024 at 5:15 PM

Listing updated: 11/12/2024 at 10:51 AM

Listed by: Katherine Kutscher, KW Metro Phone #: (248) 288-3500

MLS: Realcomp #20240078263

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